MANAGEMENT SERVICES

Lee & Associates NYC Launches New Residential Division

Lee & Associates NYC, previously focused on retail and office leasing and having recently formed an investment division, has now branched into residential services. Joel Herskowitz, an investor in Lee & Associates NYC and the COO, who was instrumental in bringing the company to Manhattan in November 2011, will oversee management of the new division. Previously, Herskowitz served as a senior director at Cushman & Wakefield from 2008 to 2010, president and CEO of Grubb & Ellis from 2001 to 2006, and an executive managing director at Newmark Knight Frank from 1998 to 2001.